Ferrari says its new supercar is fast and powerful, but it’s mostly about having fun

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When it goes into production early next year, the 296 GTB will be the first 6-cylinder sports car made by Ferrari since the mid-1970s. It’s also the first V6 car to bear the company’s own brand name. While it won’t be the fastest Ferrari model, executives promised that it will be among the most enjoyable. … Read more

MotorTrend: Yes, the Tesla Model S Plaid can go 0-60 in two seconds, but there’s a catch

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Before the Tesla Model S Plaid can be run at its quickest acceleration, the car has to be put into Drag Strip Mode, which takes a few presses on the car’s big center screen, the auto magazine says. Then there’s a wait of eight to 15 minutes, according to MotorTrend, while the batteries are cooled … Read more

This company wants to hire 35,000 people. But finding workers won’t be easy

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Security and facility services company Allied Universal is looking to hire more than 35,000 workers in the next two months. The unemployment rate ticked up in April from 6% in March as more people reentered the labor force. And while that’s good news, some industries are still struggling to hire workers. “I think it’s going … Read more

Why some companies want everyone back in the office

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But there are some companies that want things to go back to the way they were, with all their employees back in the office. “I am super passionate to get everyone back,” said Sean Bisceglia, CEO of Curion. “What we are really missing is that creativity, and that spontaneity and the ingenuity and talking to … Read more

Now is a great time to sell your old car. Used car sales are soaring

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Accordingly, many are turning to used cars instead. That, in turn, has driven up used car prices. Lightly used vehicles — those that are a couple of years old with low mileage — are now selling for 75% to 80% of their original sticker price, said Ivan Drury, an auto industry analyst with Edmunds.com. As … Read more

Mercedes’ new electric car has a nap mode and doors that open for you

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Like the S-Class, the EQS is designed for roominess and comfort. With no need for a large engine, the EQS has a sloping hood, making it reminiscent of cab-forward designs that were at their most popular in the 1990s. It also has a more gently tapered back end. And that, Mercedes designers boast, has helped … Read more

Audi just debuted the new Q4 E-Tron SUV, its cheapest electric vehicle

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With US federal electric vehicle tax credits, that means it should effectively cost $37,500 in its least expensive version. That’s slightly less than a Tesla Model 3 sedan and much less than a Tesla Model Y SUV. (Tesla vehicles are not currently eligible for federal tax credits.) While there are more luxury electric crossovers entering … Read more

Yes, the IRS can tax bitcoin and other cryptocurrencies. What you need to know

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Virtual currencies are taxed as property, or as an investment, when you sell them. And using them to buy something counts as selling. If you’re paid in bitcoin, on the other hand, that will be treated as taxable income to you. Indeed, almost every transaction may be taxable and should be reported. While bitcoin and … Read more

76 all-cash offers on one home. The housing madness shows no signs of slowing

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She listed a fixer-upper in suburban Washington, DC for $275,000 on a Thursday. By Sunday evening, she had 88 offers. “The offers just kept coming,” she said. “I felt like Lucy with the chocolates. I’m thinking, ‘This is just out of control.’” Of those 88 offers, 76 were all-cash, said Coleman, who works for RE/MAX … Read more